This study analyses productive efficiency in banking and scale and scope economies using stochastic frontier analysis. The European banking sector underwent great changes during the period under study (1995-2000), featuring a marked increase in competition. Empirical results suggest that...

This article studies the impact of monetary policy on real economy in Europe through a particular transmission mechanism: the credit channel. The credit channel is based on the existence of information asymmetries in financial markets that change the agents financing conditions. According to the...

This paper analyses the determinants of the investment decision by focusing on the firms subjective judgments about the impact of some economic factors. This work uses data from the INSEEs business surveys on investment in the industry, over the period 1991-2002. In October, these data contain...

At the micro level, economists seek to understand and interpret the decision making process of individuals for investment in human capital, as well as the many factors that can influence this process. On the other hand, the economics of education is concerned with the impacts of individual...

At the micro level, economists seek to understand and interpret the decision making process of individuals for investment in human capital, as well as the many factors that can influence this process. On the other hand, the economics of education is concerned with the impacts of individual...

We compare public sector wages with private firm ones in 2000, without taking into account for work intensity, job security, advantages&The comparison is made in controlling for age, sex, qualification and residence. We find evidence that public sector provides higher wages to women, to...

Un nombre croissant de pays membres de l’OCDE fait face à un défi d’attractivité de leur fonction publique, et ce, alors même que la gestion des politiques publiques, de plus en plus complexe, requiert de nouvelles compétences. Ce document cherche à identifier les facteurs...

From the perspective of redistributing income from rich to poor, equalizing intergovernmental grants are bound to have some perverse effects. For such grants, although transfering income from wealthy to poor on average, will inevitably result in some income transfers from poor individuals who...